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(LAURUSLABS) Laurus Labs complete technical analysis [charts+indicators] | Buy/Sell Laurus Labs | (LAURUSLABS) share price targets

Complete technical analysis of Laurus Labs (LAURUSLABS) by charts plus indicators, forecast predictions and share price targets for Laurus Labs (LAURUSLABS)

Showing technical analysis as on 2024-08-09 View latest technical analysis

10 day averaged volume of Laurus Labs is 2801238

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	426.30	435.00	439.30	424.55	1.37 times
08 Thu Aug 2024	431.75	434.00	446.00	430.45	0.768 times
07 Wed Aug 2024	431.90	427.25	434.00	424.55	1.221 times
06 Tue Aug 2024	422.80	432.25	443.05	421.05	0.871 times
05 Mon Aug 2024	429.30	441.00	443.80	427.10	1.089 times
02 Fri Aug 2024	447.10	445.00	453.60	437.00	0.754 times
01 Thu Aug 2024	451.75	465.00	466.10	448.35	1.029 times
31 Wed Jul 2024	463.90	458.60	467.90	457.35	0.488 times
30 Tue Jul 2024	458.75	450.00	464.20	448.05	0.61 times
29 Mon Jul 2024	451.00	450.00	454.85	445.10	0.605 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 430.8, but if it comes above 430.8, then a intra day buy could be more profitable.
If you take a sell trade below 430.8, then use 430.8 as stoploss and 414.1 as target. However if you take a buy trade in stock , then use 430.8 as stoploss and 444.8 as target.

Share price targets for Laurus Labs (LAURUSLABS)

Target Type	Value
Downside Target	385.45
Downside Target	414.00
Upside Target	437.00
Upside Target	456.70
Upside Target	460.45
Upside Target	461.90
Upside Target	466.10
Upside Target	467.90
Upside Target	470.75
Upside Target	471.00
Upside Target	484.30

Intraday share price targets for Laurus Labs (LAURUSLABS)

Target Type	Value
Downside Intraday Target	416.23
Downside Intraday Target	406.17
Upside Intraday Target	441.18
Upside Intraday Target	456.07
Upside Intraday Target	431.12

Weekly technical analysis of Laurus Labs (LAURUSLABS)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	426.30	441.00	446.00	421.05	1.526 times
02 Fri Aug 2024	447.10	450.00	467.90	437.00	0.391 times
26 Fri Jul 2024	449.05	440.70	456.70	414.00	4.684 times
19 Fri Jul 2024	440.40	464.50	470.75	439.10	0.47 times
12 Fri Jul 2024	463.40	480.00	484.30	461.90	0.469 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Laurus Labs (LAURUSLABS)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	426.30	465.00	466.10	421.05	0.282 times
31 Wed Jul 2024	463.90	428.90	484.30	414.00	2.26 times
28 Fri Jun 2024	424.55	425.10	447.35	385.45	1.14 times
31 Fri May 2024	418.95	454.70	460.45	416.30	0.428 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Laurus Labs (LAURUSLABS)

Price action analysis of Laurus Labs ( (LAURUSLABS) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Laurus Labs ( (LAURUSLABS) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Laurus Labs ( (LAURUSLABS) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Laurus Labs ( (LAURUSLABS) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Laurus Labs stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Laurus Labs in short term and the sell signal is strong.

Laurus Labs Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Laurus Labs in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Laurus Labs is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 438.36 and Laurus Labs (LAURUSLABS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Laurus Labs (LAURUSLABS) stock. Volume based technical analysis of Laurus Labs (LAURUSLABS) stock is negative.

Laurus Labs Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.